Alert! Failure to file Annual Return on time leads to an administrative fine.
Following a change in Company Law that took place in March 2019, the non timely submission of the annual return will lead to an automatic fine. The annual return is...
What are the rights of a shareholder in a private limited company?
Many times I get asked the question, usually from minority shareholders, what are my rights as a shareholder? There is a simple answer and a more complicated one. In this...
Registration of ships in Cyprus , Frequently Asked Questions.
Here are the answers to some frequently asked questions about ship registration in Cyprus. 1.Is parallel registration of a ship possible in Cyprus? In case of a provisional registration (prior...
UK nationals living in Cyprus. What happens to your residence rights in case of a no-deal scenario with Brexit?
Citizens of the European Union have the right to move freely work and reside in any Member State of the EU under the DIRECTIVE 2004/38/EC (thereto ‘Citizenship Directive’) In the...
Current developments in the Cyprus Banking sector.
As at July 2019. I am publishing this article as additional guidance to our clients that operate a bank account through a company in Cyprus or wish to open a...
Moving your business to Cyprus due to Brexit.
Many companies and high net-worth individuals examine the regulatory and legal framework of other EU jurisdictions in view of Brexit. Brexit and Cyprus. Cyprus even though a small economy, provides unique...
Work and residence for Non EU investors in Cyprus.
If you are an investor from a non European Union country and wish to set up a business and operate from Cyprus there are certain basic preconditions- investment criteria that...
